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Trust Income Processing Specialist
Trust Income Processing Specialist-December 2024
Green Bay
Dec 21, 2024
About Trust Income Processing Specialist

  JOB REQUIREMENTS: Guided by our relentless focus on people and desire toactively listen, we strive to create an inclusive culture and upholdequitable practices for our colleagues and community members. We seek tohire people who share our winning spirit and recognize diversebackgrounds perspectives, and representation as strengths critical tosuccess. If you thrive in an environment where your growth anddevelopment are supported and achieving together is valued, thenAssociated Bank may be the right place for you. Under limitedsupervision, reconcile and determine entitlement for interest, principalpayments, maturities, dividends (domestic and foreign), and principaldistributions for final credit to Trust client accounts. Coordinatepurchases and redemptions of certificate of deposits for Trust Companycustomers. Setup and maintain Trust account loans and mortgages on theTrust Accounting system and on the Core Bank platform. Process paymentsin the applicable systems and distribute year end statements and taxforms after verification and review to ensure accurate reporting.Oversee the distribution and entitlement of proxy material for companymeetings, ensuring the proper handling of all proxy votes.JobAccountabilities * Determine entitlement by monitoring record date andprojection reports received from depositories and reconciling rate andshare/bond information. Research any discrepancies, communicate withdepositories and process necessary changes to Trust client accountsprior to payable dates, * Process income payments on payable date topost interest, principal payments, maturities, dividends (domestic &foreign), principal distributions and reinvestment of interest anddividends to Trust client accounts. Monitor daily exception reports todetermine where what was forecasted does not match payment received.Research exceptions when necessary to determine proper entitlement andprocess necessary entries to address exceptions. Submit any claims tothe various depositories to address any claims on income discrepancies.* Review/monitor payments for mortgage backed securities forappropriate principal and interest payments. Ensure proper payments arereceived based on principal and income factors provided by thedepositories. Research any discrepancies on payments caused by trades,receipts/deliveries of assets and be familiar with the payment delays onthese type of issues. Verify factors to ensure issues... For full infofollow application link. The employment policy of Associated Banc-Corp,and its subsidiaries and affiliates (\"Associated\") provides equalopportunity to all persons. We support a diverse and inclusive workenvironment where colleagues are respected, treated fairly, and givenequal opportunities to perform to their fullest potential. We believe itis only with a diverse and inclusive workplace that the organization cantruly perform at its best, carry out its vision, and make a differencefor the communities we serve. ***** APPLICATION INSTRUCTIONS: ApplyOnline: ipc.us/t/EDB89747310E48CC

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